Snowflake Reports 28% Revenue Growth

Snowflake (NYSE:SNOW), a leader in cloud-based data solutions, released its earnings for the fourth quarter of fiscal 2025 on February 26, 2025. The company reported earnings per share (EPS) of $0.30, surpassing analyst expectations of $0.18 by $0.12, a 66.7% surprise. Revenue for the quarter reached $986.8 million, beating the estimate of $956 million. Overall, this quarter demonstrated Snowflake's operational effectiveness, although it continues to face challenges with operating losses.Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in 2024-11-20 earnings report.Snowflake operates as a cloud-based data platform with a focus on data storage, processing, and analytics services. It significantly benefits from network effects as more organizations join its platform, enabling rich data sharing capabilities. Snowflake's consumption-based business model, where customers pay according to their usage, is integral to its growth strategy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool